5 Varian execs ride wave of success

STOCK SALES ADD UP TO $5.8 MILLION

By Chris O'Brien
Mercury News

Varian's good fortune was also good fortune for some of its top executives.

The scientific instrument company beat its first-quarter earnings expectations by so much that the stock jumped 11 percent the day after results were announced. Several insiders benefited by selling shares that same day under pre-arranged trading plans.

Varian's strong results seemed to be the result of increased sales across many of its products, plus the impact of several cost-savings measures it's taken in recent years.

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